Apartment Investment and Management Co
NYSE:AIV
Apartment Investment and Management Co (NYSE:AIV)
Income Statement
152M
Revenue
| 1 Year |
-83%
|
| 3 Years |
-47%
|
| 5 Years |
-31%
|
89.9M
Gross Proft
| 1 Year |
-85%
|
| 3 Years |
-48%
|
| 5 Years |
-32%
|
1.5M
Operating Income
| 1 Year |
-99%
|
| 3 Years |
-81%
|
| 5 Years |
-64%
|
-5M
Net Income
| 1 Year |
N/A
|
| 3 Years |
N/A
|
| 5 Years |
N/A
|
Currency: USD
| Dec-2020 | Dec-2019 | Dec-2018 | Dec-2017 | Dec-2016 | Dec-2015 | Dec-2014 | Dec-2013 | Dec-2012 | Dec-2011 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||
| Revenue |
152
-83%
|
914
-6%
|
972
-3%
|
1 005
+1%
|
996
+1%
|
981
0%
|
984
+1%
|
974
+2%
|
959
+5%
|
914
-
|
|
| Gross Profit | |||||||||||
| Cost of Revenue |
(62)
|
(311)
|
(329)
|
(355)
|
(355)
|
(359)
|
(373)
|
(376)
|
(374)
|
(376)
|
|
| Gross Profit |
90
-85%
|
603
-6%
|
644
-1%
|
651
+2%
|
641
+3%
|
622
+2%
|
611
+2%
|
598
+2%
|
584
+9%
|
538
-
|
|
| Operating Income | |||||||||||
| Operating Expenses |
(88)
|
(446)
|
(428)
|
(421)
|
(394)
|
(366)
|
(347)
|
(349)
|
(399)
|
(403)
|
|
| Selling, General & Administrative |
(11)
|
(47)
|
(46)
|
(44)
|
(47)
|
(49)
|
(52)
|
(50)
|
(62)
|
(61)
|
|
| Depreciation & Amortization |
(78)
|
(380)
|
(378)
|
(366)
|
(333)
|
(306)
|
(283)
|
(292)
|
(325)
|
(323)
|
|
| Other Operating Expenses |
0
|
(19)
|
(4)
|
(11)
|
(14)
|
(10)
|
(13)
|
(7)
|
(12)
|
(18)
|
|
| Operating Income |
2
-99%
|
157
-27%
|
216
-6%
|
230
-7%
|
247
-4%
|
256
-3%
|
264
+6%
|
249
+34%
|
185
+37%
|
135
-
|
|
| Pre-Tax Income | |||||||||||
| Interest Income Expense |
0
|
(156)
|
(190)
|
(186)
|
(189)
|
(181)
|
(214)
|
(220)
|
(224)
|
(280)
|
|
| Non-Reccuring Items |
(16)
|
0
|
0
|
(36)
|
0
|
0
|
(2)
|
0
|
(6)
|
0
|
|
| Gain/Loss on Disposition of Assets |
0
|
503
|
678
|
301
|
400
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
(2)
|
1
|
0
|
8
|
6
|
(11)
|
(1)
|
4
|
25
|
3
|
|
| Pre-Tax Income |
(16)
-
|
505
-28%
|
704
+123%
|
316
-32%
|
464
+627%
|
64
+35%
|
47
+45%
|
33
-
|
(20)
+86%
|
(142)
-
|
|
| Net Income | |||||||||||
| Tax Provision |
10
|
3
|
13
|
15
|
19
|
28
|
20
|
2
|
1
|
6
|
|
| Income from Continuing Operations |
(6)
|
508
|
717
|
331
|
483
|
91
|
68
|
35
|
(19)
|
(136)
|
|
| Income to Minority Interest |
1
|
(34)
|
(50)
|
(31)
|
(53)
|
(23)
|
(47)
|
11
|
(11)
|
37
|
|
| Net Income (Common) |
(5)
-
|
474
-29%
|
666
+111%
|
316
-27%
|
430
+532%
|
68
+231%
|
21
-90%
|
207
+56%
|
133
-
|
(57)
-
|
|
Balance Sheet
1.8B
Assets
| 1 Year |
-73%
|
| 3 Years |
-33%
|
| 5 Years |
-21%
|
1.3B
Liabilities
| 1 Year |
-73%
|
| 3 Years |
-33%
|
| 5 Years |
-21%
|
500M
Equity
| 1 Year |
-72%
|
| 3 Years |
-33%
|
| 5 Years |
-21%
|
Currency: USD
| Dec-2020 | Dec-2019 | Dec-2018 | Dec-2017 | Dec-2016 | Dec-2015 | Dec-2014 | Dec-2013 | Dec-2012 | Dec-2011 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & Cash Equivalents |
290
|
143
|
37
|
77
|
61
|
51
|
29
|
56
|
84
|
91
|
|
| Cash Equivalents |
290
|
143
|
37
|
77
|
61
|
51
|
29
|
56
|
84
|
91
|
|
| Total Receivables |
7
|
21
|
56
|
11
|
13
|
0
|
0
|
0
|
0
|
42
|
|
| Accounts Receivables |
3
|
21
|
56
|
11
|
13
|
0
|
0
|
0
|
0
|
42
|
|
| Other Receivables |
4
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Inventory |
0
|
0
|
42
|
18
|
0
|
3
|
27
|
0
|
280
|
471
|
|
| Other Current Assets |
10
|
13
|
26
|
37
|
37
|
97
|
158
|
146
|
157
|
0
|
|
| PP&E Net |
1 116
|
6 107
|
5 723
|
5 630
|
5 755
|
5 529
|
5 473
|
5 391
|
5 235
|
5 590
|
|
| PP&E Gross |
1 116
|
6 107
|
5 723
|
5 630
|
5 755
|
5 529
|
5 473
|
5 391
|
5 235
|
5 590
|
|
| Accumulated Depreciation |
495
|
2 718
|
2 585
|
2 522
|
2 421
|
2 778
|
2 672
|
2 823
|
2 637
|
2 563
|
|
| Intangible Assets |
7
|
19
|
24
|
21
|
23
|
6
|
4
|
1
|
50
|
0
|
|
| Note Receivable |
37
|
41
|
0
|
0
|
0
|
0
|
0
|
3
|
103
|
111
|
|
| Long-Term Investments |
333
|
387
|
96
|
83
|
76
|
81
|
77
|
75
|
78
|
0
|
|
| Other Long-Term Assets |
27
|
60
|
148
|
136
|
164
|
128
|
122
|
194
|
232
|
184
|
|
| Other Assets |
13
|
38
|
38
|
66
|
103
|
223
|
206
|
213
|
183
|
383
|
|
| Total Assets |
1 840
-73%
|
6 829
+10%
|
6 190
+2%
|
6 079
-2%
|
6 233
+2%
|
6 119
+0%
|
6 097
+0%
|
6 079
-5%
|
6 401
-7%
|
6 872
-
|
|
| Liabilities | |||||||||||
| Accounts Payable |
0
|
0
|
0
|
0
|
0
|
36
|
42
|
43
|
31
|
33
|
|
| Accrued Liabilities |
158
|
361
|
226
|
220
|
282
|
317
|
279
|
288
|
314
|
282
|
|
| Short-Term Debt |
0
|
0
|
0
|
250
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Current Liabilities |
6
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Long-Term Debt |
982
|
4 506
|
4 076
|
3 839
|
3 885
|
3 849
|
4 135
|
4 388
|
4 413
|
4 773
|
|
| Deferred Income Tax |
132
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Minority Interest |
64
|
182
|
166
|
94
|
254
|
229
|
302
|
285
|
320
|
320
|
|
| Other Liabilities |
0
|
0
|
23
|
12
|
18
|
64
|
111
|
108
|
409
|
556
|
|
| Total Liabilities |
1 341
-73%
|
5 048
+12%
|
4 491
+2%
|
4 416
-1%
|
4 439
-1%
|
4 496
-8%
|
4 869
-5%
|
5 112
-7%
|
5 486
-8%
|
5 964
-
|
|
| Equity | |||||||||||
| Common Stock |
1
|
1
|
126
|
127
|
127
|
161
|
187
|
69
|
69
|
658
|
|
| Retained Earnings |
17
|
1 722
|
1 948
|
2 367
|
2 385
|
2 597
|
2 650
|
2 799
|
2 863
|
2 841
|
|
| Additional Paid In Capital |
515
|
3 497
|
3 516
|
3 900
|
4 052
|
4 065
|
3 696
|
3 701
|
3 713
|
3 098
|
|
| Other Equity |
0
|
4
|
5
|
4
|
1
|
6
|
6
|
5
|
4
|
7
|
|
| Total Equity |
500
-72%
|
1 781
+5%
|
1 699
+2%
|
1 663
-7%
|
1 794
+11%
|
1 622
+32%
|
1 228
+27%
|
967
+6%
|
915
+1%
|
908
-
|
|
| Total Liabilities & Equity |
1 840
-73%
|
6 829
+10%
|
6 190
+2%
|
6 079
-2%
|
6 233
+2%
|
6 119
+0%
|
6 097
+0%
|
6 079
-5%
|
6 401
-7%
|
6 872
-
|
|
| Shares Outstanding | |||||||||||
| Common Shares Outstanding |
149M
|
149M
|
145M
|
152M
|
152M
|
152M
|
142M
|
142M
|
141M
|
116M
|
|
| Preferred Shares Outstanding |
0
|
0
|
5M
|
5M
|
5M
|
6M
|
6M
|
1M
|
1M
|
0
|
|
Cash Flow Statement
47.8M
Operating Cash Flow
| 1 Year |
-87%
|
| 3 Years |
-50%
|
| 5 Years |
-33%
|
-131.8M
Capital Expenditures
| 1 Year |
76%
|
| 3 Years |
30%
|
| 5 Years |
25%
|
-84M
Free Cash Flow
| 1 Year |
52%
|
| 3 Years |
N/A
|
| 5 Years |
14%
|
Currency: USD
| Dec-2020 | Dec-2019 | Dec-2018 | Dec-2017 | Dec-2016 | Dec-2015 | Dec-2014 | Dec-2013 | Dec-2012 | Dec-2011 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | |||||||||||
| Net Income |
(6)
|
508
|
717
|
347
|
483
|
272
|
356
|
238
|
195
|
(58)
|
|
| Depreciation & Amortization |
78
|
380
|
378
|
366
|
333
|
306
|
283
|
292
|
325
|
323
|
|
| Other Non-Cash Items |
(21)
|
(491)
|
(672)
|
(290)
|
(412)
|
(197)
|
(296)
|
(180)
|
(167)
|
11
|
|
| Cash Taxes Paid |
9
|
12
|
12
|
7
|
2
|
2
|
2
|
1
|
1
|
1
|
|
| Cash Interest Paid |
22
|
161
|
200
|
196
|
200
|
207
|
232
|
274
|
294
|
337
|
|
| Change in Working Capital |
(3)
|
(23)
|
(26)
|
(31)
|
(28)
|
(22)
|
(21)
|
(24)
|
(36)
|
(18)
|
|
| Cash from Operating Activities |
48
-87%
|
375
-6%
|
396
+1%
|
392
+4%
|
377
+5%
|
360
+12%
|
321
-1%
|
326
+3%
|
317
+22%
|
259
-
|
|
| Investing Cash Flow | |||||||||||
| Capital Expenditures |
(132)
|
(549)
|
(591)
|
(387)
|
(645)
|
(543)
|
(660)
|
(402)
|
(360)
|
(265)
|
|
| Other Items |
3
|
344
|
712
|
400
|
546
|
372
|
674
|
467
|
472
|
306
|
|
| Cash from Investing Activities |
(129)
+37%
|
(205)
-
|
122
+837%
|
13
-
|
(99)
+42%
|
(171)
-
|
14
-79%
|
65
-42%
|
112
+176%
|
41
-
|
|
| Financing Cash Flow | |||||||||||
| Net Issuance of Common Stock |
0
|
(146)
|
(374)
|
0
|
(35)
|
340
|
115
|
1
|
42
|
37
|
|
| Net Issuance of Debt |
(44)
|
369
|
95
|
203
|
37
|
(247)
|
(263)
|
(189)
|
(205)
|
(157)
|
|
| Cash Paid for Dividends |
0
|
(245)
|
(246)
|
(234)
|
(216)
|
(195)
|
(159)
|
(143)
|
(141)
|
(107)
|
|
| Other |
414
|
(43)
|
(64)
|
(362)
|
(70)
|
(65)
|
(54)
|
(89)
|
(132)
|
(93)
|
|
| Cash from Financing Activities |
370
-
|
(64)
+89%
|
(588)
-49%
|
(394)
-39%
|
(284)
-70%
|
(167)
+54%
|
(362)
+14%
|
(420)
+4%
|
(435)
-36%
|
(320)
-
|
|
| Change in Cash | |||||||||||
| Net Change in Cash |
289
+175%
|
105
-
|
(70)
-
|
11
-
|
(7)
-
|
22
-
|
(27)
+7%
|
(29)
-335%
|
(7)
+67%
|
(20)
-
|
|